Capital Group Growth ETF $CGGR Shares Sold by Brookstone Capital Management

Brookstone Capital Management decreased its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 45.5% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 94,084 shares of the company’s stock after selling 78,628 shares during the quarter. Brookstone Capital Management’s holdings in Capital Group Growth ETF were worth $3,781,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in CGGR. LPL Financial LLC grew its position in shares of Capital Group Growth ETF by 17.7% in the fourth quarter. LPL Financial LLC now owns 45,411,053 shares of the company’s stock valued at $2,019,429,000 after purchasing an additional 6,814,693 shares during the period. Morgan Stanley increased its stake in shares of Capital Group Growth ETF by 94.6% during the 4th quarter. Morgan Stanley now owns 26,878,644 shares of the company’s stock valued at $1,195,293,000 after acquiring an additional 13,065,920 shares during the last quarter. Capital Group Private Client Services Inc. increased its stake in shares of Capital Group Growth ETF by 2.5% during the 4th quarter. Capital Group Private Client Services Inc. now owns 24,026,194 shares of the company’s stock valued at $1,068,445,000 after acquiring an additional 585,780 shares during the last quarter. Commonwealth Equity Services LLC raised its stake in Capital Group Growth ETF by 3.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 13,193,475 shares of the company’s stock worth $586,714,000 after purchasing an additional 485,654 shares during the period. Finally, Bank of America Corp DE raised its stake in Capital Group Growth ETF by 11.5% during the third quarter. Bank of America Corp DE now owns 12,800,968 shares of the company’s stock worth $562,219,000 after purchasing an additional 1,322,744 shares during the period.

Capital Group Growth ETF Stock Up 0.2%

Shares of CGGR opened at $45.63 on Thursday. Capital Group Growth ETF has a fifty-two week low of $38.55 and a fifty-two week high of $48.02. The company’s fifty day moving average is $45.79 and its two-hundred day moving average is $44.18. The firm has a market cap of $22.68 billion, a PE ratio of 30.88 and a beta of 1.17.

Capital Group Growth ETF Profile

The Capital Group Growth ETF (CGGR) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests predominantly in US companies of any market capitalization. The fund seeks to provide capital growth. CGGR was launched on Feb 22, 2022 and is managed by Capital Group.